#USHouseMarketStructureDraft

The U.S. House of Representatives has issued a draft to reform the structure of the digital asset market. The document aims to establish clear rules for regulating cryptocurrency exchanges, custodians, and stablecoin issuers.

Key provisions include separating responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), establishing licensing and registration requirements for crypto platforms, and measures to protect investors.

The proposal has sparked mixed reactions in the crypto industry. Some see it as an important step towards legitimizing the market, while others fear that excessive regulation may stifle innovation. The final vote is expected to witness active discussion and the possibility of changes.